Labor and Human Resources2021-02-12T13:07:23-07:00

Featured Research: Labor and Human Resources

Boarding a Sinking Ship? An Investigation of Job Applications to Distressed Firms

We use novel data from a leading online job search platform to examine the impact of corporate distress on firms’ ability to attract job applicants. Survey responses suggest that job seekers accurately perceive firms’ financial condition, as measured by companies’ credit default swap prices and accounting data. Analyzing responses to job postings [...]

Personnel economics: Hiring and incentives

Many firms issue stock options to all employees. We consider three potential economic justifications for this practice: providing incentives to employees, inducing employees to sort, and helping firms retain employees. We gather data on firms' stock option grants to middle managers from three distinct sources, and use two methods to assess which [...]

Additional research in this field

(2020) Seegert N, Sandvik J, Saouma R, Stanton C. Workplace Knowledge Flows. The Quarterly Journal of Economics.

(2018) Seegert N, Sandvik J, Saouma R, Stanton C. Employee Responses to Compensation Changes.

(2011) Brown J. Quitters Never Win: The (Adverse) Incentive Effects of Competing with Superstars. Journal of Political Economy. 119(5): 982–1013.